1.

Consider the following statement(s). I. There is separate laws that governs sole proprietorship. II. As sole proprietorship is the least regulated form of business,        III.Its firms can be easily started and closed without any legal formalities. Which of the statement(s) given above is/are correct

A.  I and II            
B.  II and III
C.  I and III                       
D.  All of these
Answer» C.  I and III                       


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